Tuesday, April 19, 2016

Yelp: Will The EU Help?

Yelp remains an attractively priced stock as the market got too negative on its prospects.
The EU could sanction Google, and that might provide relief for Yelp.
The recommendation is to own the stock as international remains a greenfield with any growth providing upside to Yelp.
For a long time, Yelp (NYSE:YELP) has struggled to gain traction in international markets as Alphabet (NASDAQ:GOOG)(NASDAQ:GOOGL) utilizes search and the mobile operating system to steer users toward Google reviews. The latest news continues to suggest the EU squeezing Google to open up their networks.
Read the full article on Seeking Alpha. 

    Disclosure: Long YELP. Please read the disclaimer page for more details.

No comments: